Chanakya's pact with lord of the Himalayas, Parvateshwar, from the Northwest ensures his victory over Nanda.
Parvateshwar and Chandragupta plan to divide up the old possessions of Nanda Empire. Next, Parvateshwara dies poisoned by Nanda's daughter and his son Malayaketu succeeds him. Malayaketu, together with Rakshasa, the last minister of Nanda, demands the inheritance of all the old territories of the Nanda.
The outcome arrives when Chanakya, by the use of guile, manages to attract Rakshasa to the Maurya side, thus undoing the coalition of Malayaketu.
The historical authenticity of the Mudrarakshasa is somewhat supported by the description of this period of history in Classical Hellenistic sources: the violent rule of the Nanda, the usurpation of Chandragupta, the formation of the Maurya Empire.
Dhundiraja, the author of Jataka Bharanam, had written a commentary on Mudrarakshasa.
The later episodes of the TV series Chanakya were based mostly on the Mudrarakshasa.
A film in Sanskrit was made in 2006 by Manish K. Mokshagundam, using the same plot as the play but in a modern setting.
- Antonio Marazzi (1871), Teatro scelto indiano tr. dal sanscrito (Italian translation), D. Salvi e c.
- Kashinath Trimbak Telang (1884), Mudrarakshasa With the Commentary of Dhundiraja (written in 1713 CE) edited with Sanskrit text, critical and explanatory notes, introduction and various readings, Tukârâm Javajī. Second edition 1893, Fifth edition 1915. Sixth edition 1918, reprinted 1976 and by Motilal Banarsidass, 2000.
- Ludwig Fritze (1886), Mudrarakschasa: oder, Des kanzlers siegelring (German translation), P. Reclam jun.
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- Vasudeva Abhyankar Shastri; Kashinath Vasudeva Abhyanker (1916), Mudraraksasam: a complete text; with exhaustive, critical grammatical and explanatory notes, complete translation, and introduction, Ahmedabad
- Ananta Paṇḍita (1945), Dasharatha Sharma (critical introduction), ed., Mudrarakshasapurvasamkathanaka of Anantasarman (with an anonymous prose narrative), Bikaner: Anup Sanskrit Library
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- J. A. B. van Buitenen (1968), Two plays of ancient India: The little clay cart, The minister's seal, Columbia University Press Review
- Sri Nelaturi Ramadasayyangaar (1972), Mudra Rakshasam, Andhra Pradesh Sahitya Academy (In Telugu script, with Telugu introduction and commentary) Another version
- Michael Coulson (2005), Rākṣasa's ring (translation), NYU Press, ISBN 978-0-8147-1661-8. Originally published as part of Three Sanskrit plays (1981, Penguin Classics).
- Manohar Laxman Varadpande (1 September 2005). History Of Indian Theatre. Abhinav Publications. pp. 223–. ISBN 978-81-7017-430-1. Retrieved 6 June 2012.
- Upinder Singh (1 September 2008). A History of Ancient and Early Medieval India: From the Stone Age to the 12th Century. Pearson Education India. pp. 30–. ISBN 978-81-317-1120-0. Retrieved 6 June 2012.
- Viśākhadatta; S. M. Natesa Sastri (1885), Mudrarakshasam: A tale in Tamil founded on the Sanskrit drama, Madras School Book and Vernacular Literature Society
- Film promo
- The India Semester at MSSU